Org.nr 820 915 992 2021 → 2022 Year-over-year analysis

A BYGG & BAD AS: årsregnskap 2022 vs 2021

Grew 33% on revenue, stronger earnings, cash halved-plus

approved 2023-05-01; registry 2023-05-04; journal 2023 384620

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for A BYGG & BAD AS. Revenue 1.52m NOK → 2.02m NOK (+33.1%). Net result +78 NOK → +317.2k NOK. Equity 12.56m NOK → 12.88m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell; current ratio dropped below 1×.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A BYGG & BAD AS.

Scorecard

Revenue
1.52m NOK 2.02m NOK
+33.1%
Operating result
+100.7k NOK +406.9k NOK
+304.1%
Net result
+78 NOK +317.2k NOK
+406616.7%
Equity
12.56m NOK 12.88m NOK
+2.5%
Cash
796.6k NOK 151.6k NOK
-81.0%
Total assets
889.3k NOK 443.8k NOK
-50.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.52m NOK to 2.02m NOK (+33.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +100.7k NOK → +406.9k NOK (op. margin 6.6% → 20.1%). Calculated

  • ↑

    Net result improved

    Net result +78 NOK → +317.2k NOK (net margin 0.0% → 15.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 12.56m NOK → 12.88m NOK (equity ratio 1412.6% → 2902.1%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 796.6k NOK → 151.6k NOK (-81.0% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.48× → 0.68× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 95.7k NOK → 69.9k NOK (-27.0% YoY). Calculated